Chiara Albanese

Italy is set to name a replacement for Leonardo SpA Chief Executive Officer Roberto Cingolani as soon as this week, according to people familiar with the matter, capping weeks of negotiations over the key corporate appointment.

Italy’s government expects the country’s budget deficit to fall below the European Union limit this year despite a downward revision of its growth forecast due to the Iran war, according to people familiar with the matter.

(Bloomberg) -- The Armani Group may split the 15% stake that is up for sale equally among its preferred buyers, as the company moves closer to

(Bloomberg) -- A cruise ship at the center of a deadly hantavirus outbreak is starting the process of evacuating passengers in Spain's Canary Islands, almost a month after the contagious disease broke out.

German supermarket chain Rewe may sell some or all of its Penny Market stores in Italy as it weighs exiting or scaling back its presence in the country, Corriere della Sera reported Sunday, citing sources it didn’t identify.

The European Central Bank is set to lift its inflation outlook when policymakers meet next month, according to President Christine Lagarde.

The candidate backed by Italy’s governing coalition was elected major of Venice, in an unexpected win for Prime Minister Giorgia Meloni.

Prime Minister Giorgia Meloni’s government submitted a proposal to reform Italy’s electoral law in a bid to improve the premier’s chances in the 2027 general election.

Futuro Nazionale, the far-right movement that’s drawn lawmakers away from Italian Prime Minister Giorgia Meloni’s coalition, has formally become a party, now posing one of the largest risks to her reelection.

Italy is exploring options around its remaining stake in Banca Monte dei Paschi di Siena SpA including a full divestment, which would formally end Rome’s role in the lender as it’s facing a takeover bid from a larger rival, Intesa Sanpaolo SpA.